Botswana Post opens new money transfer corridors

BotswanaPost says it has launched another two money transfer routes – to Lesotho Postal Services and Swaziland Postal Services.

The two are scheduled to go live today under the Universal Postal Union enabled International Financial Services platform through the Post Office.

This is the fourth time in as many months that the BotswanaPost has merged with other regional postal service providers to effect money transfer services.

Already, the local postal service has agreements with South Africa and Zimbabwe which were introduced in the 1st quarter of 2015, taking the total “Postal” options for sending and receiving money through BotswanaPost to four countries in the SADC region.

"This new development means our clients will now be able to receive and send money in real time, hassle free to these two countries across all post office outlets. This is part of BotswanaPost contribution towards Socio-economic inclusion and ensures a seamless association with our families, friends and business partners. We pride ourselves in that the Post Office is one few public service entities that can be found in the remotes parts in almost all country, being one of the oldest sectors for socio-economic opportunities,” said Lebogang Bok, BotswanaPost Communications expert to biztechafrica.

Leveraging on our ICT superiority is part of the strategy anchor for our “Icon of Excellence strategy”, ensuring superior quality and unparalleled customer experience. It is for this reason that BotswanaPost continues to attract private business partnerships having demonstrated an unquestionable track record in the recent past.

According to Bok, the long-term plan will see an upsurge of this service to other countries and even beyond SADC as “consultations are ongoing with our postal contemporaries, and fast track infrastructure readiness to accommodate the Money Order transfer service.”